XYO Network’s GAMMA Platform is the world’s first crypto-location
platform, featuring 40 million crypto-location data-points accessible to
blockchain developers across the world.

May 31, 2018 08:57 AM Eastern Daylight Time

SAN FRANCISCO--(BUSINESS WIRE)--XYO
Network, the company focused on making the blockchain accessible for
real-world use, through its decentralized crypto-location oracle
network, has successfully established its token pool with over 17,000
Ether (ETH) contributed by over 7,000 participants. With the notable
number of participants representing the pool, XYO is currently
delivering one of the most diversified, community-funded cryptocurrency
projects in blockchain today.

In a recent report entitled, “Blockchain-Based Transformation”, Gartner
analysts disclose how the “blockchain has captured the interest of
leaders across the spectrum as a technology that can radically transform
business and society.” The XYO Network understands the far-reaching
implications of the blockchain. Through its ecosystem of crypto-location
technologies, XYO has created proprietary protocols, enabling blockchain
developers to engineer applications to interact and function in the real
world, akin to that of an API. More importantly, the system’s open-ended
architecture for dApp development supports all blockchain
platforms with smart-contract capabilities, making it the most reliable,
user-friendly, and compelling cryptocurrencies available today.

“We knew our product would be ground-breaking, which is why we built the
protocols with real-life use cases from the get-go. Our contributors
trust the product, and clearly demonstrate this with their continued
support,” said Arie Trouw, Co-Founder and Architect, XYO Network. “The
XYO Network currently maintains over 40 million data points simulated by
the location technologies we’ve been developing since 2012, making
crypto-location not just an ambitious idea, but a ground-breaking
reality.”

XYO Network’s crypto-location protocols were designed to bridge the gap
between the digital and real world. Through its proprietary
architecture, and the protocols required to facilitate trustless,
location-reliant blockchain transactions with Bluetooth and GPS
technology, there are a myriad of devices in use today which determine
whether an object is at a specific XY-coordinate.

XYO Network products are used in a variety of verticals, spanning
everything from e-Commerce to medical care, hospitals to rental car
agencies, commercial airline luggage logistics to insurance agencies,
and national security agencies to drone and package delivery systems.

Through its growth and successful launch, XYO Network is known by many
industry professionals as the most promising geospatial blockchain
project in existence today. Because the network can track any range of
objects, in real-time, and is industry agnostic, it has attracted the
interest of many esteemed blockchain leaders including Charlie Shrem,
the Founder of the Bitcoin Foundation.

About XYO Network:

Founded in 2012, XY, the company behind the XYO Network has developed
the world-class location protocols necessary to achieve the mission of
building a decentralized location network. The XYO Network makes it
possible for smart contracts to truly function in the real world, by
using the XYO Network's ecosystem of devices to determine if an object
is at a specific XY-coordinate. When the geospatial conditions are met,
as defined by the blockchain developer, applications can be developed
which trigger location-reliant transactions in blockchain smart
contracts. XYO can pinpoint the location of objects, from jewelry to
cars securely, all in real-time. Through the XYO Token Pool, and the
launch of its GAMMA Platform, XYO Network has become 2018’s most
exciting blockchain project.